Top 5 Most Profitable Agriculture Business Ideas in 2020

Agriculture is one industry that is never going to go out of fashion. Although it has been transformed over the years, the main purpose remains the same, to create food for people around the world. It’s an essential task.

But, you don’t need to be a large-scale farmer in order to create a profitable agriculture business, you simply need to be prepared to work hard and make the most of any opportunity you’re presented with.

Here are the 5 most profitable agriculture business ideas to inspire you.

Go Small Scale

The cost of establishing a full-sized farm is surprisingly high and you’ll need plenty of time and manpower to get the fields sowed, maintained, and harvested.

But, you can purchase less land and set yourself up with some livestock. You’ll still need some equipment but with dedicated livestock finance, you’ll get all the assistance you need to get your farm off the ground.

A very profitable approach to livestock is with cows, their milk is always in demand. If you ensure they are organically fed your milk will also carry a premium, that will help you to generate the profit you need.

Greenhouse Farming

When you think of farming many people don’t consider greenhouses. However, they are an excellent method for producing a wide variety of crops. In general, you can produce more plants in a greenhouse than you can in the same sized field. More importantly, you’ll have much more control over their environment.

Using the right equipment you can maintain the temperature, control sunlight hours, and minimize pest interference.

Of course, you’ll need to invest in the greenhouses but it won’t take long to start making a profit, whether you sell plants or crops.

Dried Flowers

Flowers are always popular. They are used to say thanks, express love, and even portray grief. Of course, the flowers need to be grown somewhere.

Creating a flower farm is a great way to get your foot in the industry. But, while selling flowers is profitable, you’ll find there is more money to be made by drying the flowers and selling them.

They can be used for a variety of purposes, all you have to do is grow them and dry them!

Hydroponic Farming

Hydroponics is the art of farming in water. Instead of using soil plants are grown with their roots in nutrient-rich water. There are many techniques that can be used but this type of farming is known to produce strong and healthy plants much faster than traditional farming methods.

You can grow anything in hydroponics and sell it to make a profit. You’ll need the water tank and a system to pump the water around the plants. Other than that, it’s mainly about monitoring water quality and adding the right nutrients.

Sunflowers

You need to live in a sunny spot but sunflower farming is surprisingly easy if you do. Plant your seeds and guard against birds eating them for several days. Then watch as the sunflowers grow. When ready they can be harvested and turned not sunflower oil. You’ll be surprised at how small an investment you need for this.

There are other opportunities that can be profitable. The point is to choose an area of farming that you’ll enjoy and get started.